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SEII NEWS Sharing Economy and Hanking Fof Investment Signed US$30 Million Investment Cooperation Agreement https://finance.yahoo.com/news/sharing-economy-hanking-fof-investment-150800115.html
SEII BIG NEWS HIT INTERNATIONAL WIRES https://finance.yahoo.com/news/sharing-economy-hanking-fof-investment-150800115.html
NEWS NEWS AND MORE NEWS HITTING INTERNATIONAL WIRES
Sharing Economy and Hanking Fof Investment Signed US$30 Million Investment Cooperation Agreement
April 6, 2022, 11:08 am
HONG KONG, April 6, 2022 /PRNewswire/ -- Sharing Economy International Inc. ("SEII") (OTCQB: SEII), announced today that it has signed an Investment Cooperation Agreement with Hanking Fof Investment, L.P. ("Hanking").
Pursuant to the Agreement, Hanking intends to make strategic investments in SEII with a total size of up to US$30 million for a two-year period, the proceed of which is to be applied primarily in the fields of (1) research and development of new technologies and products such as intelligent algorithms, application systems and intelligent interactive devices based on metaverse applications of SEII; (2) ultra-high definition naked-eye 3D integrated solution, software and hardware products as well the market expansion in Hong Kong, Macao, Southeast Asia and Europe; (3) SEII's cooperation with major customers that involved in 3D upgrade of display panel; and (4) expansion of SEII's cooperation with more projects combining global leading metaverse technology and green economy.
Hanking is a private equity fund professionally operated and managed by a family office for wealthy families. It focuses on private equity, block transactions and secondary market investment, as well as financial services to high net worth individuals, institutional investors and wealthy families such as investment advisory and asset management services. In addition, Hanking has created an ecological management system by managing various funds in Hong Kong, Beijing, Shanghai and other cities as well as following closely on the global new economy industry. Hanking's investment team successfully invested in many major PRC-based e-commerce and achieved high returns. Moreover, Hanking is also the partner of many mainstream funds, which have, strong influence and appeal within respective industries.
MONSTER NEWS JUST HIT ALL WIRES$$$$ https://finance.yahoo.com/news/sharing-economy-hanking-fof-investment-150800115.html
MORE NEWS COMING BROSK, ROCKET BOOSTERS ALL ACTIVATED
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SEII INTERNATIONAL BREAKTHROUGH WIRES https://finance.sina.cn/hkstock/gsxw/2022-04-04/detail-imcwiwss9924701.d.html?from=wap
ALL ABOARD WORLD LIFT-OFF IN PROGRESS
HOUSTON T-5 MIN TILL LIFT OFF, ROCKET BOOSTER A-GOOOOOOOOOOOO
MONSTER NEWS IS OUT HITTING INTERNATIONAL WIRES https://seekingalpha.com/news/3820345-sharing-economy-subsidiary-and-suzhou-su-xin-rui-shi-technology-to-form-a-joint-venture
NEWS HITTING INTERNATIONAL WIRES https://www.finextra.com/the-long-read/376/law--order-in-the-metaverse
GO BROSKI GO WE GOING TO ROCKET
ROCKET BOOSTER ARE ALL ACTIVATED Tour the metaverse: An inside look from people building the $8 trillion virtual reality that’s changing the world https://fortune.com/2022/03/18/metaverse-buzz-meta-zuckerberg-n3w-lands/
WE GOT THE NEWS$$$ Sharing Economy and Suzhou Su Xin Rui Shi Technology Proposed Strategic Partnership
NEWS PROVIDED BY
Sharing Economy International Inc.
Apr 04, 2022, 08:00 ET
Hong Kong, April 4, 2022 /PRNewswire/ -- 3D Discovery Co., Ltd, a fully owned subsidiary of Sharing Economy International Inc. ("SEII") (OTCQB: SEII), announced today that it has signed a Strategic Framework Agreement with Suzhou Su Xin Rui Shi Technology Co. Ltd. The two companies will form a joint venture company to develop a Metaverse platform based on Su Xin Rui Shi's naked-eye 3D technology.
Su Xin Rui Shui is a naked-eye 3D display technology research and development company, dedicated to the development and industrialization of 3D light field real-time rendering engine technology. They have three core technologies:
A light field reconstruction algorithm based on backlight matching technology;
A programmable real-time 3D Light Field rendering engine based on human eye bio-stereoscopic vision;
A fusion algorithm between stereoscopic image source and virtual scene.
Under the Strategic Framework Agreement, the two companies will form a joint venture company in Hong Kong for the development of a Metaverse platform. 3D Discovery will hold 60% equity of the joint venture company responsible for the business promotion and business development of the Metaverse platform, and Su Xin Rui Shui will hold 40% equity of the joint venture company responsible for technology research and development, application development and customer services.
The two companies expect to complete the joint venture partnership and signing the Joint Venture Cooperation Agreement within 45 days after the Strategic Framework Agreement signed.
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